MetLife board approves Brighthouse spinoff, sets effective date

(Reuters) - MetLife Inc on Thursday came a step closer to spinning off its U.S. retail life insurance and annuity business after the company's board of directors approved the plan, it said on Thursday.

(Reuters) - MetLife Inc on Thursday came a step closer to spinning off its U.S. retail life insurance and annuity business after the company's board of directors approved the plan, it said on Thursday.